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Why Partner
- Proximity to ports: Vizag is strategically located near major ports, which helps pharma companies with faster turnaround times and lower freight costs for the export
- Skilled workforce: The region has a large pool of skilled and trained workers with expertise in the pharma industry
- Government support: The Andhra Pradesh government has implemented various policies, and to encourage businesses to establish operations in Vizag, several tax incentives, subsidies, and other advantages are offered
- Infrastructure: It has a well-developed infrastructure, including a strong road network, an international airport, and access to rail and sea transport. This can make it easier for companies to transport raw materials and finished products
- Lower operating costs: Compared to other major cities in India, Vizag has a lower cost of living and doing business. Businesses may benefit from lower operating costs as a result of this
- Research & Development: Vizag is home to several research institutions, including the Indian Institute of Chemical Technology (IICT), which can provide pharma companies with access to cutting-edge research and development facilities
- Upcoming Bulk Drug Park in AP: The new bulk drug park is coming up East Godavari nearly 184 km from Vizag. It will help in the production of quality raw materials and also bring down the cost of manufacturing bulk drugs
